CONTINUED co-operation in a variety of fields between Hong Kong and Germany could help to improve the future economic prospects of the SAR, according to Wolfgang Gerz, consul-general of the Federal Republic of Germany.
Mr Gerz said Hong Kong could benefit from the experience and technical expertise of German companies in the areas of environmental protection, technology and finance.
He said Hong Kong provided a favourable environment for German people to conduct business.
Hong Kong's stability, transparency, efficient physical infrastructure, skilled labour force, and its status as a prominent regional services centre are great advantages for foreign business.
'There is rule of law, human rights and the belief in the inoperative power of an individual as the most important element of a modern society,' Mr Gerz said.
'We share these common convictions and we are natural partners for this on-going globalisation. Germany is Hong Kong's largest European trading partner and Hong Kong, the other way around, is also important for us. There is still a large potential to be developed further.' Mr Gerz said German companies wanted to play a greater role in the development of Hong Kong's proposed Cyberport project as multinationals such as Siemens, Bosch and BASF had extensive technological experience and were progressive in working with international partners.